Gabon | Services, value added (% of GDP)
Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Limitations and exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.
Publisher
The World Bank
Origin
Gabonese Republic
Records
63
Source
Gabon | Services, value added (% of GDP)
1960 33.89588007
1961 33.22279285
1962 33.51280217
1963 17.78306467
1964 39.06518224
1965 39.81981982
1966 39.90063575
1967 38.02393713
1968 36.0768351
1969 35.79192618
1970 33.85475221
1971 40.62798287
1972 35.66819355
1973 40.5338982
1974 28.43691149
1975 31.31487673
1976 32.63801975
1977 36.27933932
1978 35.66394659
1979 30.79429103
1980 32.81353572
1981 35.47403525
1982 33.24080999
1983 36.66331502
1984 34.19868911
1985 26.72109297
1986 43.25443285
1987 40.15918081
1988 53.974258
1989 49.58442531
1990 49.67913119
1991 47.76410723
1992 48.42878954
1993 46.26740874
1994 38.29495057
1995 39.60488041
1996 37.54119747
1997 39.13029494
1998 49.83742911
1999 43.89063044
2000 37.53117898
2001 37.94173352
2002 38.86530391
2003 38.81635046
2004 36.28491492
2005 29.56509744
2006 30.9213104
2007 31.34843973
2008 28.98311865
2009 36.8182127
2010 30.82763449
2011 25.63256834
2012 27.45568878
2013 29.60578336
2014 32.67899653
2015 39.02919298
2016 41.74281248
2017 42.64969126
2018 41.11819697
2019 40.47037825
2020 44.89719671
2021 38.65363791
2022 33.19259791
Gabon | Services, value added (% of GDP)
Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Limitations and exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.
Publisher
The World Bank
Origin
Gabonese Republic
Records
63
Source